The Canadian Dollar surged on Wednesday and in the process pulled GBP/CAD away from the week’s highs after the Bank of Canada (BoC) announced a reduction to its quantitative easing programme and indicated that an interest rate rise could come as soon as the middle of next year. Canada’s Dollar had been the worst performing major currency of the week until Wednesday when the BoC’ said as part of its April monetary policy decision that it intends to reduce its pandemic-inspired and crisis-fighting government bond purchases to reflect a lesser state of emergency. “This adjustment to the amount of incremental stimulus ... (full story)